49684 Homes under $500,000

49684 Homes under $500,000

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Newest 49684 Homes under $500,000

711 Lake Avenue, Traverse City
$370,000
2 Beds ⋅ 1 Baths ⋅ 1951466 MLS ⋅ ACTIVE Status
This is the kind of Traverse City location that makes everyday life feel like a vacation. Tucked along Boardman Lake with the TART Trail right out back, this townhome puts Oryana, downtown, and some of the best of TC within easy reach, on foot, by bike, or with a quick drive. Inside, the 2 bed/1.5 bath layout offers comfortable living and spectacular seasonal views of the lake. As an end unit, you’ll enjoy added privacy and natural light, while the private patio gives you your own spot to sit outside and enjoy your surroundings. A detached one-car garage with an additional storage unit above adds valuable space for bikes, kayaks, outdoor gear, and all the other things that come with enjoying northern Michigan. And the location really is the star. Whether you’re looking for a full-time place close to everything or a low-maintenance spot to enjoy Traverse City, this one puts you in the middle of it all, in a setting that's hard to beat.

711 Lake Avenue, Traverse City
3910 Morningside, Traverse City
$349,000
4 Beds ⋅ 1 Baths ⋅ 1951450 MLS ⋅ ACTIVE Status
Since 1972, this Morningside Drive home has been cared for by the same family, and you can feel it the moment you walk in. Set on just under 0.4 acres in the Vista Manor neighborhood, this 1965 ranch has the solid bones and character that are hard to find. A welcoming foyer opens to a spacious living room, then flows to the dining room and a kitchen with a center island. Three bedrooms share their own hallway, with good closet space throughout. A full bath serves the bedroom wing, and a second full bath sits off the kitchen by the garage entry, right where you want it after yard work or a day outside. Downstairs, a large recreation room gives everyone room to spread out for movie nights, games, or hobbies. A fourth bedroom with a walk-in closet offers a private spot for guests. A dedicated laundry room and extra storage round out the lower level. Upstairs, a generous attic adds even more storage. The yard is the heart of this property. It is wide, well kept, and set up for easy enjoyment with a sprinkler system, a deck for summer evenings, and a covered front porch. The attached garage makes Northern Michigan winters a little easier. The roof was replaced in 2025. The chimney has just been professionally swept and the sprinkler system winterized, so the home is ready for the season ahead. This home has been loved for a long time, and it is ready for its next chapter.

3910 Morningside, Traverse City
4407 N Long Lake Road, Traverse City
$389,000
2 Beds ⋅ 1 Baths ⋅ 1951438 MLS ⋅ ACTIVE Status
Nestled on an expansive, beautifully wooded parcel on North Long Lake Road, this property offers the perfect blend of serene Northern Michigan living, unbeatable convenience and high value potential. Featuring a newly updated, light-filled home with rich hardwood floors, crisp white finishes, and a new kitchen with stainless steel appliances and butcher block countertops. Unbeatable Location & Proximity: Top-Tier Schools: Located just ~1 mile from Traverse City West Middle and West Senior High Schools as well as Willow Hill Elementary. Medical Hub: Less than 10 minutes from Munson Medical Center. Downtown & Lakes: Minutes to vibrant downtown Traverse City, Grand Traverse Bay, Long Lake and West Bay beaches. Outdoors, the private grounds showcase lush views, sweeping yard space, raised garden beds and endless privacy framed by mature trees. For Investors & Developers: Beyond the move-in ready residence, the generous acreage and prime location make this an exceptional canvas for future expansion, land development, or a versatile addition to your rental or development portfolio. Whether you're searching for a turnkey home close to everything or your next major investment venture in Grand Traverse County, this property delivers unlimited potential.

4407 N Long Lake Road, Traverse City
222 E State Street, Traverse City
$349,900
1 Beds ⋅ 1 Baths ⋅ 1951415 MLS ⋅ ACTIVE Status
Located on the top floor of Modern State, this premier one bedroom condo offers an elevated urban lifestyle in the heart of downtown Traverse City, just one block south of Front Street. At 784 square feet, this is the larger of the building’s one-bedroom floor plans, offering a spacious, open-concept kitchen and living area designed for both relaxing and entertaining. The interior features solid-surface countertops, luxury vinyl plank flooring, central air, and the convenience of an in-unit washer and dryer. Looking for an investment opportunity, a downtown getaway, or the best of both? Short-term rentals are allowed, and the condo is currently operating as a successful one, giving you the flexibility to keep it earning income, enjoy it as your own Traverse City retreat, or combine the two. And then there’s the location. Leave the car behind and walk to everything that makes downtown Traverse City so special. World class dining, local boutiques, the historic State Theatre, the scenic Boardman River, and the sandy shores of West Bay are all just a short walk away. Whether you're looking for a turnkey investment, a lock-and-leave second home, or your own stylish place in the heart of downtown, this Modern State condo delivers an exceptional Traverse City lifestyle.

222 E State Street, Traverse City
444 W Thirteenth Street, Traverse City
$499,000
3 Beds ⋅ 1 Baths ⋅ 1951391 MLS ⋅ ACTIVE Status
Charm, character, and years of thoughtful updates come together in this 3-bedroom, 1-bath Cape Cod on a corner lot in one of Traverse City's most walkable neighborhoods. Mature maples, a white arbor entry, and a deck wrapping the back of the home set the scene, with downtown, Munson Medical Center, and the bay an easy walk or bike ride away. Hardwood floors run through the bright, open living and dining areas, connected to the kitchen by a breakfast bar. The kitchen features refinished original hardwood, a butcher-block island, a new LG gas range, microwave, and dishwasher (2025), and fresh paint and wallpaper (2024). The main-floor primary bedroom was refreshed in 2025 with reclaimed hardwood, new windows, and a French door slider opening onto the deck. A second main-floor bedroom with new windows, a laundry room with refinished original hardwood, and a fully remodeled bath (2022) with subway and herringbone tile complete the level. Upstairs, new flooring and paint (2025) extend into the third bedroom, with its closets and built-in drawers, and into a bonus room with built-in shelving, ideal for an office or studio. The partially finished basement (2018-2019) offers a rustic-modern rec room with stone accents, built-in shelving, and a wet bar, plus a flex area and mechanical room. Central air (2018) and electrical updates throughout (2018-2026) round out a move-in-ready home in a location that's hard to beat.

444 W Thirteenth Street, Traverse City
514 W Thirteenth Street, Traverse City
$399,000
2 Beds ⋅ 1 Baths ⋅ 1951381 MLS ⋅ ACTIVE Status
Charming 1950s bungalow in the heart of Traverse City, filled with character and timeless details! This 2-bedroom, 1-bath home features a spacious living room with beautiful rounded archways, a retro-style kitchen complete with the original 1950s oven, and a cozy breakfast nook. A large unfinished attic offers exciting potential for additional living space, while the lower level features built-in cabinetry for added storage and a family room. Outside, enjoy beautiful perennial gardens and a welcoming gathering area perfect for relaxing or entertaining in the back yard. Ideally located directly across the road from Trinity Lutheran Church and just a few blocks from Thirlby Field, with easy access to the TART Trail, Grand Traverse Bay, downtown restaurants, shopping, schools, and all that Traverse City has to offer!

514 W Thirteenth Street, Traverse City
146 E Eleventh Street, Traverse City
$495,000
4 Beds ⋅ 2 Baths ⋅ 1951217 MLS ⋅ ACTIVE CONTINGENT Status
Location, location, location, downtown Traverse City 2 story home! Walk or bike to miles of Traverse City's finest beaches, schools, downtown, dining, shopping, TART trail and so much more. Home features 4 bedrooms, 2 bath, 1,939 sq. ft. tons of character. Easy access to large attic with potential to be finished and used as future living space. Detached 2 car garage. Located on a quiet street, in-town Traverse City.

146 E Eleventh Street, Traverse City
3804 Timberwolf Drive, Traverse City
$439,000
4 Beds ⋅ 1 Baths ⋅ 1951167 MLS ⋅ ACTIVE CONTINGENT Status
There’s turnkey, and then there’s 3804 Timberwolf Drive. Meticulously cared for from top to bottom, this four-bedroom, two-bath home reflects a level of pride in ownership you can feel the moment you walk through the door. Tucked into an established neighborhood where homes rarely become available, this is a special opportunity to move right in and simply enjoy. The spacious layout offers plenty of room to spread out, gather and entertain, complete with a cozy fireplace and an entire lower basement level dedicated to storage, a rare bonus in this style of home. Add in the two-car garage and backyard shed, and there is truly a place for everything. Outside, the same thoughtful care continues. Beautifully maintained landscaping surrounds a spacious lot, while the stone patio and twinkle lights create a backyard made for crisp fall evenings, summer dinners and impromptu get-togethers. Just 10 minutes from downtown Traverse City and conveniently located near West Senior High, you’re close to the restaurants, shops and year-round activities that make Traverse City so easy to love, while still enjoying the space and neighborhood feel of home. Whether you’re looking for room to grow, space to entertain or a beautifully maintained home that requires little more than moving in, 3804 Timberwolf Drive is ready for its next chapter.

3804 Timberwolf Drive, Traverse City
13662 S Thorn Creek Drive, Traverse City
$345,000
2 Beds ⋅ 1 Baths ⋅ 1951160 MLS ⋅ ACTIVE Status
Welcome to Thorn Creek, set in a peaceful and natural setting, surrounded by mature trees and views of nature, and just minutes from downtown Traverse City. Jump on your bike on the TART trail and choose your adventure, West Bay beaches, Downtown Traverse City's shops, restaurants and events, or explore the connected Leelanau Trail all the way to Suttons Bay. A stop at Farm Club is just a short ride away on the trail, and you'll find some of TC's best restaurants and ice cream just down the street. This lovely 2 bedroom condo features open living areas with unique features, including a fireplace made of Michigan Stones, once featured in Traverse Magazine. The primary bedroom has a walk in closet, and an attached half bath. A spacious second bedroom, lovely updated full bath, and main floor laundry, as well as a quiet view overlooking the natural area from the deck. Additional features within Thorn Creek include a 1 car garage and additional parking, a community pond, nearby Fulton park, Hall's Greenhouse, and lower Leelanau County taxes with a Traverse City address. These condos are special, and so is their setting and location. This sale is contingent on the seller's purchase of his next home. Seller is related to the listing agent.

13662 S Thorn Creek Drive, Traverse City
723 Seventh Street, Traverse City
$425,000
2 Beds ⋅ 1 Baths ⋅ 1951152 MLS ⋅ ACTIVE Status
Charming, updated, and tucked into the Kids Creek neighborhood near the Grand Traverse Commons, this 2-bedroom, 1-bath Cape Cod packs a lot into a great Traverse City location. Inside you’ll find refinished hardwood floors, an updated kitchen with custom cabinetry, solid-surface countertops, farmhouse sink, subway tile, and stainless steel appliances, plus two nicely sized bedrooms and an updated full bath with heated tile floors upstairs. This home provides a layout that focuses on ease of living, low maintenance, and stress free entertaining. Step outside to a surprisingly expansive backyard, fully fenced and bursting with character: a raspberry patch, native wildflowers, a dedicated garden area, and raised beds, all with Kids Creek flowing just beyond the fence line. It's a rare amount of space this close to downtown, with the potential to become your own downtown oasis, whether that means expanding the gardens, adding a fire pit and seating area, or simply soaking in the sound of the creek. Beyond the yard, you're just steps from Hickory Hills and its network of trails, with Munson Medical Center, downtown Traverse City, and West Bay all just a short drive away. A really cute home with a backyard that feels like its own private retreat, all in a location that makes getting around town effortless.

723 Seventh Street, Traverse City
242 E Tenth Street, Traverse City
$410,000
3 Beds ⋅ 1 Baths ⋅ 1951079 MLS ⋅ ACTIVE Status
Located in Traverse City’s Old Town neighborhood, 242 E. 10th Street offers the kind of in-town lifestyle that makes this area so desirable. Downtown restaurants, coffee shops, shopping, parks, the Boardman Lake Trail, Boardman Lake and Grand Traverse Bay are all close by, making it easy to enjoy much of Traverse City on foot or by bike. Inside, this classic 3-bedroom home offers approximately 1232 square feet with plenty of character throughout. Warm hardwood floors, original wood trim, distinctive arched openings and vintage architectural details give the home a personality that is hard to recreate. The main level includes a spacious living room, separate dining area, kitchen with center island, full bath and a bedroom that also offers flexibility for guests, an office or additional living space. Upstairs are two additional bedrooms, including a spacious primary bedroom. The kitchen opens to a large backyard deck, creating a great extension of the living space during Northern Michigan’s warmer months. A detached garage provides valuable off-street parking and storage, while the lower level offers additional utility, storage and flexible space. Set along a tree-lined residential street, this is an opportunity to enjoy the character of an established Traverse City neighborhood while staying close to downtown, the waterfront, trails, dining and so much of what makes living in the city convenient.

242 E Tenth Street, Traverse City
11867 Cedar Run Road, Traverse City
$189,000
2 Beds ⋅ 1 Baths ⋅ 1951021 MLS ⋅ ACTIVE Status
Opportunity awaits on this 1.34-acre property in the Traverse City area! The property offers a large yard with partially fenced areas, including designated fenced-in gardening spaces ready for your green thumb. A garden shed provides convenient storage for tools and outdoor equipment, while the wooded back half of the property creates a private natural setting with plenty of room to enjoy the outdoors. A new well was installed approximately 5 years ago. The home offers an opportunity for a buyer looking to make improvements and add their own personal touches while enjoying the advantages of the Traverse City area. Conveniently located near area shopping, dining, recreation, Grand Traverse Commons, Long Lake, Lake Ann and the many attractions of Northern Michigan. Bring your vision and make this property your own!

11867 Cedar Run Road, Traverse City
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